Gemini, the New York-based crypto exchange, has launched a new “Solana Edition” of its popular credit card, expanding its rewards ecosystem to one of the fastest-growing blockchain networks in the world. The card will allow users to earn up to 4% back in Solana’s native token (SOL) on everyday purchases — and for the first time, those rewards can be staked for additional earnings of up to 6.77%.
Gemini Taps Into Solana’s Momentum
In a statement, Gemini said the Solana edition was a “logical choice” given Solana’s momentum and its vibrant developer community, which has become a magnet for blockchain innovation. Solana has consistently ranked among the top crypto ecosystems for active developers, decentralized apps, and network activity, according to research from Electric Capital.
This launch follows Gemini’s previous ecosystem-themed cards, including an XRP Edition earlier this year and a Bitcoin version before that. Each variant is part of Gemini’s strategy to build loyalty through crypto-native financial products that bridge traditional spending and digital asset ownership.
Credit Cards as a Growth Engine
Gemini’s credit cards, which run on the Mastercard network, have been a key growth driver for the exchange. According to analysts at Mizuho, card sign-ups surged from 8,000 in 2024 to nearly 31,000 by August 2025 — a near fourfold increase. The company’s successful public listing in September further cemented its position as one of the major U.S. crypto exchanges expanding into consumer finance.
By integrating staking directly into its rewards system, Gemini aims to differentiate its product from traditional cashback cards. Instead of static rewards, users can compound their earnings through blockchain-based yield — effectively turning spending into passive income.
Why Solana?
Solana has emerged as a major force in crypto, attracting developers, capital, and users to its fast, low-cost blockchain. Known for its scalability and speed, the network has become a hub for decentralized finance (DeFi), NFTs, and payment apps.
As of October 2025, SOL trades around $189, down from its all-time high of $293, according to data. Despite recent price fluctuations, Solana’s network activity and developer growth remain among the strongest in the industry.
